New Deposit Sample Clauses

New Deposit. (a) Where the international depositary authority cannot furnish samples of the deposited (i) where such microorganism is no longer viable, or (ii) where the furnishing of samples would require that they be sent abroad and the sending or the receipt of the samples abroad is prevented by export or import restrictions, that authority shall, promptly after having noted its inability to furnish samples, notify the depositor of such inability, indicating the cause thereof, and the depositor, subject to paragraph (2) and as provided in this paragraph, shall have the right to make a new deposit of the microorganism which was originally deposited. (b) The new deposit shall be made with the international depositary authority with which the original deposit was made, provided that: (i) it shall be made with another international depositary authority where the institution with which the original deposit was made has ceased to have the status of international depositary authority, either entirely or in respect of the kind of microorganism to which the deposited microorganism belongs, or where the international depositary authority with which the original deposit was made discontinues, temporarily or definitively, the performance of its functions in respect of deposited microorganisms; (ii) it may be made with another international depositary authority in the case referred to in subparagraph (a)(ii). (c) Any new deposit shall be accompanied by a statement signed by the depositor alleging that the newly deposited microorganism is the same as that originally deposited. If the allegation of the depositor is contested, the burden of proof shall be governed by the applicable law. (d) Subject to subparagraphs (a) to (c) and (e), the new deposit shall be treated as if it had been made on the date on which the original deposit was made where all the preceding statements concerning the viability of the originally deposited microorganism indicated that the microorganism was viable and where the new deposit was made within three months after the date on which the depositor received the notification referred to in subparagraph (a). (e) Where subparagraph (b) (i) applies and the depositor does not receive the notification referred to in subparagraph (a) within six months after the date on which the termination, limitation or discontinuance referred to in subparagraph (b)(i) was published by the International Bureau, the three–month time limit referred to in subparagraph (d) shall be...
Sample 1See All (6)
New Deposit. 4.2.1 On any normal banking day during the operation of this agreement, the Client may give the Bank an instruction to invest a new Deposit on the Client’s behalf in accordance with these Terms. 4.2.2 Upon receiving an instruction under clause 4.2.1 above, the Bank shall notify the Client of the proposed terms of the New Deposit on the type of Wakala scheme, the amount of the New Deposit, the term of New Deposit, the maturity date and estimated profit. If the Client agrees to the proposed offered terms, it shall give the Bank an instruction confirming its acceptance. 4.2.3 Upon receiving the instruction accepting the term for the New Deposit, the Bank shall send the Client a Transaction Confirmation. 4.2.4 The Client irrevocably and unconditionally undertakes to pay the New Deposit into the Wakala Account. The term of the New Deposit will only begin once the New Deposit id fully cleared and freely available.
Sample 1
New Deposit. Concurrent with the date of this Reinstatement, Sellers, New Purchaser and Escrowee shall execute deposit escrow instructions in the form attached hereto as Exhibit A (the “New Deposit Escrow Instructions”) and, concurrently therewith, New Purchaser, or Sellers on behalf of New Purchaser, shall deliver to Escrowee new exxxxxx money in the amount of $7,500,000 (the “New Deposit”), subject to the terms of the Purchase Agreement and this Reinstatement. The term “New Deposit” shall mean the New Deposit and shall include interest earned thereon. All references in the Purchase Agreement to the Deposit shall be deemed to refer to the New Deposit, and all references in the Purchase Agreement to the Initial Deposit and the Additional Deposit shall be deleted. The New Deposit shall be held and disbursed in accordance with the Purchase Agreement, and shall be further disbursed in accordance with Section 6 and/or Section 8 of this Reinstatement. The Deposit Escrow Instructions attached as Exhibit B to the Purchase Agreement are hereby deleted and replaced with the New Deposit Escrow Instructions, and all references in the Purchase Agreement to the Deposit Escrow Instructions shall be deemed to refer to the New Deposit Escrow Instructions. The New Deposit shall be allocated among each of the Hotel Assets in accordance with the relative Allocated Purchase Prices of such Hotel Assets (each, an “Allocated Deposit”). Section 2.1.1 of the Purchase Agreement is deemed to be deleted in its entirety.
Sample 1
New Deposit. (a) Subject to paragraph (b), in the case of a new deposit made under Article 4, the microorganism transmitted by the depositor to the international depositary authority shall be accompanied by a copy of the receipt of the previous deposit, a copy of the most recent statement concerning the viability of the microorganism which was the subject of the previous deposit indicating that the microorganism is viable and a written statement bearing the signature of the depositor and containing: (i) the indications referred to in Rule 6.1(a)(i) to Rule 6.1(a)(v); (ii) a declaration stating the reason relevant under Article 4(1)(a) for making the new deposit, a statement alleging that the microorganism which is the subject of the new deposit is the same as that which was the subject of the previous deposit, and an indication of the date on which the depositor received the notification referred to in Article 4(1)(a) or, as the case may be, the date of the publication referred to in Article 4(1)(e); (iii) where a scientific description and/or proposed taxonomic designation was/were indicated in connection with the previous deposit, the most recent scientific description and/or proposed taxonomic designation as communicated to the international depositary authority with which the previous deposit was made. (b) Where the new deposit is made with the international depositary authority with which the previous deposit was made, paragraph (a)(i) shall not apply.
Sample 1
New Deposit. Subject to paragraph (b), in the case of a new deposit made under Article 4, the microorganism transmitted by the depositor to the international depositary authority shall be accompanied by a copy of the receipt of the previous deposit, a copy of the most recent statement concerning the viability of the microorganism which was the subject of the previous deposit indicating that the microorganism is viable and a written statement bearing the signature of the depositor and containing:
Sample 1

Related to New Deposit

  • Initial Deposit On the Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account according to Section 4.1 of the Exchange Note Sale Agreement.

  • Escrow Deposit Concurrently with the execution and delivery of this Agreement, the Holder will deliver [the sum of ____________________ Dollars ($_____________) in lawful money of the United States of America by wire transfer of immediately available funds] [and] [[ ] Class A Trust Certificates] [and] [[ ] Class B Trust Certificates] in accordance with Section 14 of the Series Supplement] (the "Escrow Deposit"), to Escrow Agent to be held by Escrow Agent in escrow on the terms and conditions hereinafter provided. Escrow Agent hereby acknowledges receipt of the Escrow Deposit. Any cash amounts in the Escrow Deposit may be increased or decreased in accordance with the terms of Section 2.02(i)(vi) of the Warrant Agreement and the terms of this agreement will apply with equal force and effect to any such increased or decreased cash amounts in the Escrow Deposit.

  • Cash Deposit No cash will be deposited into the certificate account on the closing date.

  • BIDDING DEPOSIT Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour AmBank (M) Xxxxxx for the account of Xxxxxx Xxx Xxxxx Xxxx and Xxxxxxxx Xxxxx Xxxxx, a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher. For Online bidders are further subject to the Terms & Conditions on xxx.xxxxxxxxxxxxxxxxxxx.xx.

  • Additional Deposit For reasons of administration, the right is reserved to require payment of an Additional Deposit, as shown on the Fees List for the relevant year, as an additional deposit in the case of a pupil whose normal residence is outside the United Kingdom. The Additional Deposit will be retained in the general funds of the School until the Pupil leaves and will be repaid by means of a credit without interest to the final payment of Fees or other sums due to the School on leaving, unless stated otherwise in these terms and conditions. See also Clause 8.7

  • Initial Deposits On the Closing Date and on each Addition Date thereafter, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received after the applicable Cut-Off Date and through and including the Closing Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such date.

  • The Deposit The Landlord acknowledges receipt of the Deposit from the Tenant. 7.1 At the end of the Tenancy Period, the Landlord shall be entitled to withhold from the Deposit such proportion of the Deposit as may be reasonably necessary to: (a) make good any damage to the Room, Apartment, Common Parts, Building or the Contents (except for fair wear and tear) caused by the Tenant's failure to take reasonable care of the same; (b) replace any of the Contents which may be missing from the Property; (c) pay any Rent or other sums payable by the Tenant hereunder which remains unpaid; (d) compensate the Landlord for, or for rectifying or remedying any major breach by the Tenant of the Tenant's obligations under the Tenancy Agreement, pay for the Room, Apartment and the Contents to be cleaned if the Tenant is in breach of its obligations under clause 2 (e) pay any unpaid accounts for utilities or water charges or environmental services or other similar services or Council Tax incurred at the Room and Apartment for which the Tenant is liable or which are payable because the Tenant does not qualify for Council Tax exemption(g) removing and disposing of any belongings left by the Tenant at the end of the Tenancy term for the avoidance of doubt use of the Deposit is without prejudice to any other rights or remedies of the Landlord whether express or implied 8.1 The Deposit is protected by mydeposits (the trading name of Tenancy Deposit Solutions Limited) of 0xx Xxxxx, Xxxxxxxxx Xxxxx, Xxxxxxx Xxxx, Xxx Xxxxxx, Xxxxxxxxxxxxx, ENS 1NZ. The Deposit is held by the Managing Agents. 8.2 The Landlord has provided the information required under section 213(5) of the Housing Act 2004 as set out in the Housing (Tenancy Deposits) (Prescribed Information) Order 2007 (SI 2007/797). 8.3 The Landlord agrees that the Deposit shall be held in accordance with the rules of the Tenancy Deposit Scheme. 8.4 The Landlord and Tenant agree that any interest accrued from the Deposit shall be paid to the Landlord. 8.5 The Landlord shall inform the Tenant within ten working days of the Tenancy ending if the Landlord intends to withhold all or part of the Deposit as detailed in clause 7.

  • Security Deposit Tenant has deposited with Landlord the sum specified in Section 1(a)(12). Said deposit shall constitute advance rental and shall be held by Landlord as security for the faithful performance by Tenant of all the terms, covenants and conditions of this Lease to be kept and performed by Tenant during the Lease Term. If, at any time during the Lease Term, any payment of Minimum Annual Rent or Additional Rent herein reserved shall be overdue and unpaid, the Landlord may, at its option, appropriate and apply any portion of said security deposit to the payment of any such overdue rent or other sum. Landlord shall have the unrestricted right (but not the obligation) to apply any part of the Security Deposit to cure any Default (as described in Section 20 hereof). In the event of the failure of Tenant to keep and perform any other items, covenants and conditions of the Lease to be kept and performed by Tenant, then Landlord, at its option, may appropriate and apply the entire security deposit, or so much thereof as may be necessary, to compensate Landlord for loss or damage sustained or suffered by Landlord due to such breach by Tenant. Should the entire security deposit, or any portion thereof, be appropriated and applied by Landlord for the payment of overdue rent, to cure any default, or other sums due and payable to Landlord by Tenant hereunder, then Tenant shall remit to Landlord, within ten (10) days of the written demand of Landlord, a sufficient amount in cash to restore the security deposit to the original sum. Tenant's failure to do so shall constitute a breach of the Lease. Should Tenant comply with all of said terms, covenants and conditions of the Lease and promptly pay all Minimum Annual Rent and Additional Rent herein provided as it falls due, then the security deposit shall be returned in full, without interest, to Tenant within thirty (30) days of the Expiration Date or earlier termination of the Term of this Lease. Tenant shall have no right to direct the application of any part of the Security Deposit. Landlord may deliver the funds deposited hereunder by Tenant to the purchaser of Landlord's interest in the building and/or the Leased Premises in the event that such interest is sold, and thereupon Landlord shall be discharged from any further liability with respect to such security deposit.

  • Mobile Deposit The Mobile Deposit feature enables you to use a software application together with your Wireless Access Device to create electronic images of the front and back of certain Original Checks (defined below) and transmit those images and other information, including, without limitation, information captured from the magnetic ink character recognition (“MICR”) line, to us for review and processing in accordance with this Agreement.

  • Rent and Security Deposit i. Tenant agrees to pay to Landlord for the Leased Premises in lawful money of the United States rent for the first twelve (12) months of the term hereof at the rate of Fifteen Dollars ($15.00) per square foot of occupied space, in advance, except that the monthly installment which otherwise shall be due on the commencement date recited above, shall be due and payable on the date hereof. Thereafter one such monthly installment shall be due and payable without demand on or before the first day of each calendar month succeeding the commencement date; further provided, that the rental payment for any fractional calendar month at the commencement or end of the Lease term shall be prorated. The rate charged for rent shall increase by $0.50 (Fifty Cents) per year for each such succeeding twelve (12) month period. ii. In addition, Tenant agrees to deposit with Landlord on the date hereof the sum of One Thousand Dollars ($1,000.00), which sum shall be held by Landlord, without obligation for interest, as security for the full, timely and faithful performance of Tenant's covenants and obligations under this Lease, it being expressly understood and agreed that such deposit is not an advance rental deposit or a measure of Landlord's damages in case of Tenant's default. Upon the occurrence of any event of default by Tenant, Landlord may, from time to time, without prejudice to any other remedy provided herein or provided by law, use such funds to the extent necessary to make good any arrears of rent or other payments due to Landlord hereunder, and any other damage, injury, expense or liability caused by any event of Tenant's default; and Tenant shall pay to Landlord on demand the amount so applied in order to restore the security deposit to its original amount. Although the security deposit shall be deemed the property of Landlord, any remaining balance of such deposit shall be returned by Landlord to Tenant at such time after termination of this Lease when Landlord shall have determined that all Tenant's obligations under this Lease have been fulfilled. Subject to the other terms and conditions contained in this Lease, if the Building is conveyed by Landlord, said deposit may be turned over to Landlord's grantee, and if so, Tenant hereby releases Landlord from any and all liability with respect to said deposit and its application or return.